The U.S. is heading straight for a fiscal calamity in the next decade. Even if you believe the CBO's Rosy Scenario projections-----which assume that we will go 207 months thru 2026 without a recession or double the longest expansion on record and

It has been over half a year since we first downgraded the industrial recession to an all-out global depression by using Caterpillar retail sales data, which have been so counterintuitive to what the company's earnings have been reporting that last S

And so the final quarter of 2015 is in the history books and we can officially accuse the US Bureau of Economic Analysis of "peddling fiction" about the US recovery, because at a growth rate of 0.69%, the annualized rate of economic growth was the lo

FEDERAL RESERVE IS BROKEN !!
"I spoke to a member of the Board of Governors of the Federal Reserve, (name withheld), and said to her I think the Fed is insolvent," Rickards revealed.
"She refused to answer the question directly initially,

"The key to preventing a run on Prime MMFs from contributing to broader dislocations in the financial markets during a widespread crisis is to ensure that these funds have adequate liquidity, and have the ability to slow redemptions..."

Hahhahahahahahahahahahahaha LMFAO...This man is the biggest phony on earth...so sick of this lying piece of trash. People who back this man really need to stop living in denial. Who knows what this idiot would look like if he actually went to an Afri

More and more cities are passing laws making it illegal to feed the homeless or for them to camp. It is a disgrace as many homeless people suffer from mental illness as a result of fighting in senseless wars.

America today lives with a cultivated sense of victimhood. That is the legacy of 9/11. It fills us with anxieties. It warps our self-image. It distorts our foreign relations. It is self-perpetuating. Yet we need it.

Uber smart people are predicting a depression to support the narrative of the big bad guys who want to steal everything including your life. This study was produced for the Club of Rome. That tells some of us all we need to know about the conclusions

American billionaire George Soros slammed German Chancellor Angela Merkel in an interview published on Sunday, warning that her policies could lead to a repeat of the Great Depression. "I admire Chancellor Merkel for her leadership. But unfortunately

What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East.

Miller said there is a two-prong investigation — trying to find out who is stealing the copper and also who is buying it. “Recently, there was 200 feet of copper that was taken and there’s obviously a market in metal recycling where this product is s

A branch of the Greek central bank. Bank deposits are falling rapidly. Many Greeks are draining their savings accounts because they are out of work, face rising taxes or are afraid the country will be forced to leave the euro zone.

The Republican presidential campaign debate - The Russian President’s statement about his country’s response to Washington’s missile bases surrounding his country - The failure of a German government bond auction.